Sun & Star Legacy Trust

Nonprofit profile at a glance

EIN
756508423
IRS 990-EZ coverage
2010–2010
Forms available
Form 990-EZ 2010
Location
Dallas, TX, USA
Phone
2143422022
Rating
36
Verdict
REVIEW
Rating confidence
Limited
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$4,084
Expenses
$1,910
Assets
$255,007

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

12 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide financial support for japanese performing arts, traditional arts, fine arts, fine art displays, film festivals, educational programs and scholarships, people exchanges and other projects in or for the benefit of the dallas/fort worth metroplex for the furtherance of united states-japan relationship.

What it reported doing in 2010

Provided financial support to the japan-america society of dallas/fort worth to support the costs of the dallas/sendai young ambassadors program, a high school student exchange program between the international friendship cities of dallas, Texas, and sendai, japan.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 53.2%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 133.51; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.